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Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
PROVISIONS
(` '000)
  Particulars As at 31 March 2016 As at 31 March 2015
1 Reserve for Unexpired Risk 86483 331 74463 872
2 Reserve for Premium Deficiency  0 584 595
3 For Fringe Benefit Tax  0  0
4 For MAT Tax  0  0
5 For proposed dividends 8600 000 5400 000
6 For dividend distribution tax 1750 788 1099 332
7 For Doubtful Loans, Investment and Debts 5313 238 6471 674
8 For Leave Encashment 245 182 227 340
9 Provision for Pension 93 972 31 109
10 Provision for Gratuity 33 473 75 675
11 Provision for Settlement 14 024 12 195
12 For  Salary Arrears  0 130 000
13 For PLLI Arrears  0 16 800
14 Provision for Taxation less Advance tax paid & TDS 1790 333 1039 647
  TOTAL 104324 341 89552 239